Equity Bancshares, Inc. ($EQBK) 3Q20 Earnings Sneak Preview

Equity Bancshares, Inc. (NASDAQ:EQBK) is reporting third quarter earnings results on Tuesday 20th October 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.43 per share.

For the full year, analysts predict revenues of $ 154.91 million, while looking forward to income of $ 1.09 per share.

Previous Quarter Performance

Equity Bancshares, Inc. outlined income for the second quarter of $ 0.11 per share, from the revenue of $ 38.62 million. The quarterly earnings decreased 81.03 percent while revenues boosted 2.63 percent compared with the same quarter last year.
Wall street analysts are predicting, EQBK to report 2Q20 income of $ 0.13 per share from revenue of $ 36.66 million. The bottom line results missed street analysts by $ 0.02 or 15.38 percent, at the same time, top line results outshined analysts by $ 1.96 million or 5.35 percent.

Stock Performance

Shares of Equity Bancshares, Inc. traded low $ -0.17 or -1.07 percent on Monday, reaching $ 15.75 with volume of 9.90 thousand shares. Equity Bancshares, Inc. has traded high as $ 16.05 and has cracked $ 15.10 on the downward trend

According to the previous trading day, closing price of $ 15.75, representing a 27.46 % increase from the 52 week low of $ 12.49 and a 50.11 % decrease over the 52 week high of $ 31.91.

The company has a market capital of $ 239.69 million and is part of the Financial Services sector and Banks – Regional – US industry.

Conference Call

Equity Bancshares, Inc. will be hosting a conference call at 10:00 AM eastern time on 21st October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.equitybank.com

Equity Bancshares, Inc. operates as the bank holding company for Equity Bank that provides a range of financial services primarily to businesses, business owners, and individuals. The company accepts various deposit products, including demand, savings, money market, and time deposits.

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